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I'm paying $39/ month for a shared cable line in my home. I don't know how many people in the neighbourhood is watching cable TV and using the internet. My cable line infrastructure was recently upgraded to this current speed.
Platform: NinjaTrader, IG SpreadBetting with ProRealTimeCharts
Favorite Futures: DAX CL NQ EUR/USD
Posts: 82 since Nov 2012
Thanks: 358 given,
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received
Internet speed
I am in UK, about 30 miles south of London.
Have a bundle incl TV/on demand films/catch up etc
with Virgin media fibre optic cable direct to my sitting room.
Cost GBP29.99 incl some 1-year discounts.
Happy with price and service
Okay here goes:
My Cox.net results. During the trade day with all programs up and running off my laptop when I did this. Have feeling my main computer might get a tad better results. (Using laptop as I am preparing for taking it with me on a trip.) I did notice my speed pick up a small bit when I switched from CAT 6 to CAT 7 cable for running my internet. Paying for two cable phone lines and computers from my COX internet ISP. I pay $107/month for phone and internet.
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Would be interesting to find out significance of each Ping, Download, and Upload.
Since an order probably doesn't take up much bandwidth, wouldn't a fast PING be important also.
Couldn't help it but I was thinking about what could have been with a few modifications.
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Have to love my FastStone Capture program for a quick edit and boost in speed.
Yes, I just goofing on my results and hope everyone is having a great trading day, plus a little laugh. Too bad I didn't think of this on the first go round... LOL
Heading back up to LA for my daughter's commissioning as an Ensign in the US Navy tomorrow.
1) Reliability/uptime
2) Minimum bandwidth of about 1 Mbps
3) Minimal latency
When people buy faster internet connections for their home office in order to have a better trading experience, it isn't really going to help. I've posted data in other threads (cannot remember where) that shows the average bandwidth required to stream several hundred symbols concurrently in a live market --- much less just a few symbols like most people here on the forum.
That data would say that a 1 Mbps connection is enough for trading.
Now obviously, you might be doing things other than trading. If you are loading web pages and have only a 1 Mbps connection, it can reduce your available bandwidth for trading and cause a slow down.
The poll shows that this isn't a real issue, the overwhelming majority of people have at least 20 Mbps connections, in fact one in four people have over 50 Mbps.
The only time that a connection like that will offer a direct benefit to trading would be in downloading historical data. It would make no difference in live data.
Latency, however, would. You usually cannot buy a latency improvement for residential use. If you are using a satellite internet provider than sure, that's terrible, and you could switch to an in-ground provider from your telephone or cable company and that would improve latency. But switching from DSL to Cable, or vice versa, will likely have near zero effect. Switching from in-ground to microwave radio also would likely have negligible effect for most.
The big boys do prefer microwave when going from NY to Chicago as it can shave 1ms off (one millisecond) by having direct line of sight "as the crow flies" instead of a few turns and twists that in-ground cable would. A 1ms improvement in your home line means less than nothing. The guys paying for that in NY are large outfits.
Long story short, everyone uses their internet connection for a lot of things each day. Probably not exclusively trading. So get a decent connection (bandwidth) to enjoy those things, but don't do it thinking your trading experience will improve.
If you really want to improve your trading experience, better to invest in a fast computer with multiple monitors. In fact I would argue multiple monitors is probably the single best way to enhance your experience.
Mike
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